Finance News: Latest Financial News, Finance News today in Bangladesh

Regulator targets errant auditors over links to financial statement frauds

Six audit firms are likely to be barred from auditing the financial statements of listed companies for what the market watchdog describes as their involvement in preparing fabricated balance sheets.According to the Bangladesh Securities and Exchange Commission (BSEC), auditors from those firms overlooked serious anomalies and violations of securities rules...

Town Hall Meeting of Al Arafah Islami Bank held

The daylong 'Town Hall Meeting' of Al-Arafah Islami Bank Sylhet Zone was held at a hotel in Sylhet the city on Saturday. Chairman of the bank Khwaja Shahriar inaugurated the meeting as the chief guest. Chairman of the Board Executive Committee Md. Abdul Wadud attended the event as special guest,...

Dhaka Bank opens 36th Sub-Branch at Noapara

AKM Shahnawaj, Managing Director (Current Charge) of Dhaka Bank PLC formally inaugurated its 36th Sub-Branch at Noapara under Akij City Branch, Jashore, recently. Md Mostaque Ahmed, Deputy Managing Director (CEMO), Altamas Nirjhor, EVP & Head of General Services Division, along with Branch Managers from Khulna region and other high officials,...

Prime Bank partners with Aamara Active to Offer Lifestyle Privileges

Prime Bank has recently entered into a partnership with Aamara Active, a pioneering corporate boutique gym, through a deal signing ceremony at the bank's corporate office in the capital's Gulshan. This collaboration opens up a wide range of exclusive lifestyle privileges for Prime Bank women banking & priority customers, reinforcing...

Europe has menu of options to make wealthy pay more taxes

FRANKFURT, Sept 20 (Reuters): Cash-strapped European governments looking to tax the rich harder to plug holes in public finances and redress rising inequality may find that direct wealth levies are not the most effective solution.History shows outright wealth taxes rarely generate much revenue and often miss their main targets, tax...

India regulator still reviewing more than a dozen allegations against Adani

MUMBAI, Sept 20 (Reuters): India's market regulator is still looking into more than a dozen allegations that Adani Group and its offshore funds broke securities regulations, two sources with direct knowledge of the investigations said on Friday.They spoke a day after the Securities and Exchange Board of India (SEBI) dismissed...